Barbra Murray
Bronx Industrial Project Gets $305M Boost
Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.
Paramount Group to Sell Stake in $2.4B NYC High-Rise
The REIT will welcome a joint venture partner at 1633 Broadway with the trade of a 10 percent ownership interest in the Midtown Manhattan trophy tower.
Howard Hughes Corp. Lands $137M Loan for Houston Asset
The company secured the financing for one of the two high-rises within The Woodlands Towers at The Waterway in The Woodlands, Texas.
CBRE Global Buys Historic Office Asset in Amsterdam
Herenstaete, an iconic 64,600-square-foot property, is currently undergoing a sweeping renovation that will yield modern, sustainable office space while preserving historically significant features.
Canadian Firm Buys Chicago MOB
Mohawk Asset Management Corp. purchased the 30,000-square-foot Portage Park Medical Office Building from the fully leased property’s lead tenant.
Kennedy Wilson Extends $500M Credit Facility
The global real estate investment company’s wholly owned subsidiary amended and restated the agreement with a nine-bank consortium headed by Bank of America as administrative agent.
Bond Financing Closes for $144M Cincinnati-Area Redevelopment
Preston Hollow Capital provided funding for the transformation of a former industrial site into the Spooky Nook Sports Champion Mill sports and entertainment complex.
CalSTRS Lands $992M Loan for 7 MSF Portfolio
The pension fund relied on JLL Capital Markets to arrange financing for the 17-property collection of office, industrial and multifamily assets.
Coronavirus Fallout for North American CRE Firms to Vary
Some sectors are poised to weather the impact of COVID-19 while others will be under substantial strain, according to DBRS Morningstar.
Lexington Realty Obtains Refi for Connecticut Retail Center
Newmark Knight Frank secured a $29 million loan through UBS for Naugatuck Valley Shopping Center in Waterbury, Conn.